Question ID :
38151
Difference in Input credit with GSTR 2A
If a person has claimed Input credit on transport service for a few months but not paid reverse charge, In such a scenerio ,Can he correct the figures of input in GSTR 9 and pay tax due from IGST Credit ledger
Posted by
Mahesh Kumar
on
May 18, 2019
Filed Under
GST
Yes , you can do so. You have all the rights to correct your omission
Posted by
CA. BISHT RAKESH on
May 19, 2019
Answer ID :
76597
In GSTR 9 , the assessee can correctly report the actual taxes payable under respective heads while updating Table 9, though, this correct reporting does not account for automatic intra-adjustment of tax under CGST, SGST, and IGST.
The shortfall of tax needs to be paid off while filing GSTR-3B of the subsequent month or by filing DRC-03 and the taxes paid in excess erroneously can be claimed as a refund. Also, there is no interest liability on taxes shortly paid in such cases.
Posted by
CA. BISHT RAKESH on
May 21, 2019
Answer ID :
76619
It can be done. but the tax on RCM together with interest has to be remitted through a DRC challan in cash. Adjustment of ipt not allowed.
Posted by
CA. VENKITARAMAN K V on
May 24, 2019
Answer ID :
76689
yes, but liability to be paid in cash
Posted by
CA JEET REWRI on
May 30, 2019